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"You cannot solve the nation's fiscal problems without increased revenues," declared Mr. Rubin, the Democratic Party's leading economic spokesman, in a speech last Thursday. He also took a crack at economic forecasting by noting that "I think if you were to increase taxes right now, you would have probably about zero negative effect on the economy." The economics and politics here are worth parsing.
Here is an opportunity for Republicans to contrast Democrats and Republicans. The Republicans need to counter that current spending needs to be reduces and to show what a tax increase means to peoples' paychecks.
Posted by Tim at November 14, 2006 06:46 AM
